17325 NW 27th Ave, Miami Gardens FL 33056
Miami GardensMap
| Price | $6,950,000.00 |
| Listing ID | A11822575 |
| Status | For Sale |
| Address Map |
17325 NW 27th Ave, Miami Gardens FL 33056 |
| Area | Miami Gardens |
| Beds | |
| Baths | |
| Square Ft | |
| Lot Size | 39,204 |
| Year Built | 1989 |
| Taxes | $53,548 |
Description
INVESTMENT HIGHLIGHTS: All triple net leases, Cap rate 7.03%, 100 Occupied. Building Size 24,964 sq ft, Lot Size 39,204 sq ft, Year Built 1989, First Time On Market in Over 20 Years, Recently Re-Roofed, New LED lighting, New surveillance cameras throughout the property, New, LED monument sign, 85 parking spaces, 1 elevator, 2 staircases. Strong and stable cash flow for potential investors. Upside potential by leasing the remaining unit plus adjusting rents through multiple short-term leases. Triple net leases. annual escalations providing strong rent growth for a potential buyer. The investment presents a unique opportunity to own a mixed-use building with small spaces that can easily be rented out to in a rapidly growing neighborhood.